Intuit, the maker of TurboTax, QuickBooks, Mint, and Credit Karma, is buying Mailchimp, for $12 billion in cash and stock. While the global technology platform has previously maintained a strictly financial vertical, there are many reasons to celebrate the acquired all-in-one Marketing Platform. What is Mailchimp? Mailchimp is an … Read More
Recent markups to the Build Back Better Legislation include an amendment to the previously-untouched Section 1202, which outlines the Qualified Small Business Stock tax exemption. The House Ways and Means Committee added verbiage that would limit the potential 100% federal tax exclusion of the capital gain recognized … Read More
In the months since President Biden announced his tax reform proposal that included a tax hike on income recognized from capital gains, investors have been keeping a close eye on the political climate and the likelihood that this change would be enacted. Currently, there are only 3 … Read More
Sheryl Sandberg, Chief Operating Officer of Facebook, spoke with Bloomberg about their 56% growth in advertising revenue and how it relates to post-pandemic trends in small businesses. As businesses struggle to get customers in the door, they are turning to both e-commerce solutions and social media marketing … Read More
As we follow stock market trends this year that have included booms in EdTech, foreign intervention, and record setting weeks for IPOs, another popular trend is less about industry or profit, and more about mission. We reported last month, how Allbirds $1.7 billion valuation prepared them for their … Read More
Please feel free to pass this on to any investors, angels, venture funds, and early stage companies, etc...and join our coalition to let congress know how this will harm innovation.Right now, the House Ways and Means Committee is meeting to discuss an amendment to the Qualified Small Business Stock (QSBS) tax … Read More
Update as of August 16, 2022 The Inflation Reduction Act was signed into law on August 16, 2022, excluding the curtailment of QSBS that was included in the House's version of the Act (the "Build Back Better Act"). As a result, no changes were made to IRC … Read More
The release of the markups to the Build Back Better Act have QSBS investors and founders worried about their eligible tax exemption. The House of Representatives has made edits to the plan, including the American Jobs Plan and the American Families Plan, in order for the budget … Read More
If the Section 138150 amendment to IRC Section 1202 (QSBS) passes, taxpayers may no longer be able to claim a 100% capital gains exemption if: The Adjusted Gross Income of such taxpayer equals or exceeds $400,000 - orSuch taxpayer is a trust or estate While most early stage company … Read More
What’s in the Build Back Better bill, and why will it cost $3.5 Trillion? The Democratic supported bill includes a host of items, including… Monthly payments to parents Universal prekindergarten Free community college Paid family leave According to a recent article (found here), “Democrats envision the bill as their last, best chance … Read More